The Tamil Nadu Government today said a fresh tender process would be initiated for the Monorail project between Poonamallee and Kathipara junction here under Public Private Partnership on a Design,Build, Finance, Operate and Transfer basis at an estimated cost of Rs 3,267 crore.
"Fresh tender process is to be initiated," Transport Minister M R Vijayabhaskar said while referring to the Poonamalleee-Kathipara Project-1 in the Assembly today.
The monorail line with a link from Porur to Vadapalani runs about 20.68 km, he said and added that the project would be implemented under the PPP on Design, Build,Finance, Operate and Transfer basis at an estimated cost of Rs 3,267 crore.
It may be recalled that Tamil Nadu government had decided to go in for the Monorail project in Chennai to integrate the existing and upcoming transport systems.
The monorail project was planned for a length of about 43.48 km, divided into two projects in Chennai.
While Poonamallee to Kathipara is the first, the 22.80 km second stretch is from Vandalur to Velachery.
The share of public transport in the urban transport system of Chennai is about 27 per cent which is eventually proposed to be increased to 46 per cent by 2026, according to government statistics.
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